Hooker Furniture CEO Paul Toms' 2020 pay rises 2% to $1.6M
Hooker Furniture reports 2020 executive compensation
By ExecPay News
Published: May 8, 2020
Hooker Furniture reported fiscal year 2020 executive compensation information on May 8, 2020.
In 2020, four executives at Hooker Furniture received on average a compensation package of $830K, a 5% increase compared to previous year.
Paul B. Toms, Jr, Chief Executive Officer, received $1.6M in total, which increased by 2% compared to 2019. 49% of Toms' compensation, or $764K, was of change in pension value and nonqualified deferred compensation earnings. Toms also received $444K in salary, $338K in stock awards, as well as $20K in other compensation.
Paul A. Huckfeldt, Chief Financial Officer, received a compensation package of $657K, which increased by 6% compared to previous year. 41% of the compensation package, or $271K, was in salary.
Anne M. Jacobsen Smith, CAO, Sr. VP Administration, earned $607K in 2020, a 19% increase compared to previous year.
D. Lee Boone, Co, President – Home Meridian segment, received $490K in 2020, which increases by 3% compared to 2019.
Hooker Furniture's fiscal year ends on January 31.